- over the past 40-50 years the average American has gotten more education (i.e., more people graduating high school, more people going to college, more people graduating college, etc.)
- over the past 40-50 years the added income attributable to education, the education "premium", has increased.
- over the past 40-50 years the earnings of the average American is no greater than his/her parents.
Tuesday, December 20, 2016
A Puzzle: Increasing Education and No Mobility
In recent days some seemingly solid articles/posts have reported the following: